Bitcoin Forum
June 19, 2018, 03:09:57 PM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Poll
Question: What type of pool payouts do you prefer?
Bitcoins - 3231 (80.4%)
Bank transfer / USD - 415 (10.3%)
Gold/silver coins and bars - 371 (9.2%)
Total Voters: 4015

Pages: « 1 ... 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 [860] 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 ... 1142 »
  Print  
Author Topic: [2.5+ EH] Slush Pool (slushpool.com); World's First Mining Pool  (Read 4327304 times)
eleuthria
Legendary
*
Offline Offline

Activity: 1750
Merit: 1001



View Profile
July 08, 2014, 03:58:57 AM
 #17181

...and what they really should be doing and used to do in the past is, test on the testnet.

That's cute, thinking ASIC manufacturers used testnet in the past.

RIP BTC Guild, April 2011 - June 2015
1529420997
Hero Member
*
Offline Offline

Posts: 1529420997

View Profile Personal Message (Offline)

Ignore
1529420997
Reply with quote  #2

1529420997
Report to moderator
1529420997
Hero Member
*
Offline Offline

Posts: 1529420997

View Profile Personal Message (Offline)

Ignore
1529420997
Reply with quote  #2

1529420997
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1529420997
Hero Member
*
Offline Offline

Posts: 1529420997

View Profile Personal Message (Offline)

Ignore
1529420997
Reply with quote  #2

1529420997
Report to moderator
organofcorti
Donator
Legendary
*
Offline Offline

Activity: 2058
Merit: 1000


Poor impulse control.


View Profile WWW
July 08, 2014, 04:33:12 AM
 #17182

...and what they really should be doing and used to promised to do in the past is, test on the testnet.

FTFY

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
follow @oocBlog for new post notifications
EasyQuest
Full Member
***
Offline Offline

Activity: 176
Merit: 100


Brony Bitcoin, Litecoin Miner


View Profile
July 08, 2014, 01:54:26 PM
 #17183

Days like this one is why I mine on Slush.
RogMiner
Jr. Member
*
Offline Offline

Activity: 33
Merit: 0


View Profile
July 08, 2014, 04:24:39 PM
 #17184

Is it me or did slush just crash for a few minutes?  Huh
cronuss
Newbie
*
Offline Offline

Activity: 19
Merit: 0


View Profile
July 08, 2014, 04:39:15 PM
 #17185

Why are rewards so low last night and today?

I usually get 40,000+, but I've been at 30, and as low as the mid-20s...

dropt
Legendary
*
Offline Offline

Activity: 1498
Merit: 1000



View Profile
July 08, 2014, 05:12:15 PM
 #17186

Why are rewards so low last night and today?

I usually get 40,000+, but I've been at 30, and as low as the mid-20s...



Probably because the pool picked up another Petahash of miners.  More miners means smaller slice of pie for you.
dbbrummel
Jr. Member
*
Offline Offline

Activity: 46
Merit: 0


View Profile
July 08, 2014, 08:25:59 PM
 #17187

Maybe something bad happening at Eligius and we are getting some of their miners, as I noticed we are now finding as many blocks as they are.
Donkeycongo
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
July 09, 2014, 02:34:30 AM
 #17188

Damn Invalid block

22399 2014-07-08 10:27:21 ......... 309756  25.11009617 invalid

4hrs we wont ever get back
sonubatthis101
Jr. Member
*
Offline Offline

Activity: 32
Merit: 0


View Profile
July 09, 2014, 07:04:03 PM
 #17189

Why are rewards so low last night and today?

I usually get 40,000+, but I've been at 30, and as low as the mid-20s...



how mch hash are you mining?
Darthswan
Hero Member
*****
Offline Offline

Activity: 751
Merit: 507



View Profile
July 09, 2014, 10:10:22 PM
 #17190

Damn Invalid block

22399 2014-07-08 10:27:21 ......... 309756  25.11009617 invalid

4hrs we wont ever get back

What happens to invalid blocks?


Just curious

psahx
Full Member
***
Offline Offline

Activity: 154
Merit: 100



View Profile
July 09, 2014, 10:22:40 PM
 #17191

Damn Invalid block

22399 2014-07-08 10:27:21 ......... 309756  25.11009617 invalid

4hrs we wont ever get back

What happens to invalid blocks?


Just curious

Orphaned or invalid blocks.

https://blockchain.info/charts/n-orphaned-blocks
Donkeycongo
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
July 10, 2014, 01:29:34 AM
 #17192

Damn Invalid block

22399 2014-07-08 10:27:21 ......... 309756  25.11009617 invalid

4hrs we wont ever get back

What happens to invalid blocks?


Just curious

Orphaned or invalid blocks.

https://blockchain.info/charts/n-orphaned-blocks

Info below answers question and is not a chart

Invalid Blocks. The block chain that represents the entire history of all transactions in the Bitcoin network is linear; there can be no [permanent] branches. If two miners solve a block at about the same time, a branch occurs, and miners may begin building on either of the two. Whichever block chain grows faster becomes the “valid” block chain for the network, and the blocks in the “losing” chain become invalid. This is why there’s a 100-block maturation time before block rewards and transaction fees may be spent; it’s insurance against those BTC becoming invalid in the meantime.

Source: http://www.spreadbitcoins.com/bitcoin-terms-definitions/
andyjjones
Newbie
*
Offline Offline

Activity: 25
Merit: 0


View Profile
July 10, 2014, 09:20:15 AM
 #17193

Hey guys, a quick (general) question about mining...

I was reading a tutorial about mining and it said this:
Quote
A Bitcoin node is basically an electronic bookkeeper, and anybody in the world can set up and run one. Each node has a complete copy of the public ledger – that’s a record of every Bitcoin transaction that ever happened, in history, all the way back to the very beginning of Bitcoin. As of today, the public ledger contains more than 30 million transactions and requires 13 GB of disk space.

A 'node' is each one of us, right?  I don't ever remember downloading a 13GB ledger in order to do mining.
Donkeycongo
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
July 10, 2014, 11:50:04 AM
 #17194

Hey guys, a quick (general) question about mining...

I was reading a tutorial about mining and it said this:
Quote
A Bitcoin node is basically an electronic bookkeeper, and anybody in the world can set up and run one. Each node has a complete copy of the public ledger – that’s a record of every Bitcoin transaction that ever happened, in history, all the way back to the very beginning of Bitcoin. As of today, the public ledger contains more than 30 million transactions and requires 13 GB of disk space.

A 'node' is each one of us, right?  I don't ever remember downloading a 13GB ledger in order to do mining.

Its the bitcoin core wallet, takes ages to sync , most people use web/lite wallets where supplier has a core wallet that the app syncs with,, faster than core wallet. Its also part of bitcoin being non centralised. As long as there are 2 nodes bitcoin keeps running.

dbbrummel
Jr. Member
*
Offline Offline

Activity: 46
Merit: 0


View Profile
July 10, 2014, 02:46:38 PM
 #17195

Mining software does not require you being a node.
You do that by downloading https://bitcoin.org/en/download

For me, it took about 3 days and numerous reboots for it to initialize.
It is kind of cool, especially if you want a local wallet, but it does
occasionally use a ton of network bandwidth. I don't run it full time
anymore, but maybe an hour a day to catch up with the network.
andyjjones
Newbie
*
Offline Offline

Activity: 25
Merit: 0


View Profile
July 10, 2014, 04:15:45 PM
 #17196

i) What are the advantages of being a node?  Is there any reward?  Or just a feeling that you've contributed to the community?
ii) Why is it necessary for nodes to have the entire transaction history?  What use do the earliest transactions still serve?
I would have thought you'd only need the latest ones.
spazzdla
Legendary
*
Offline Offline

Activity: 1526
Merit: 1000


View Profile
July 10, 2014, 04:28:21 PM
 #17197

i) What are the advantages of being a node?  Is there any reward?  Or just a feeling that you've contributed to the community?
ii) Why is it necessary for nodes to have the entire transaction history?  What use do the earliest transactions still serve?
I would have thought you'd only need the latest ones.


Hum.... you need the entire transaction history so people know what has happend......  I think it's time you do some youtubing for yourself.. a good 100 hours of it.. starting at what is money.
andyjjones
Newbie
*
Offline Offline

Activity: 25
Merit: 0


View Profile
July 10, 2014, 04:49:25 PM
 #17198

Hum.... you need the entire transaction history so people know what has happend......  I think it's time you do some youtubing for yourself.. a good 100 hours of it.. starting at what is money.
Why won't just the latest blocks do?  If nothing has gone wrong, can't very old blocks just expire? 
If I use internet banking, my bank won't let me dig up transactions that are more than a couple of years old.
spazzdla
Legendary
*
Offline Offline

Activity: 1526
Merit: 1000


View Profile
July 10, 2014, 05:10:27 PM
 #17199

Hum.... you need the entire transaction history so people know what has happend......  I think it's time you do some youtubing for yourself.. a good 100 hours of it.. starting at what is money.
Why won't just the latest blocks do?  If nothing has gone wrong, can't very old blocks just expire? 
If I use internet banking, my bank won't let me dig up transactions that are more than a couple of years old.

Your bank is a criminal organization, all are.

It is very useful to know where everything has come from and went to.. It is needed to ensure the blockchain is correct.  If I sent you 1 btc 3 years ago, you never sent it anywhere and it wiped out the blockchain after a year how could anyone prove you have any BTC?  It would be gone.
KNK
Hero Member
*****
Offline Offline

Activity: 680
Merit: 501


View Profile
July 10, 2014, 05:46:52 PM
 #17200

i) What are the advantages of being a node?  Is there any reward?  Or just a feeling that you've contributed to the community?
ii) Why is it necessary for nodes to have the entire transaction history?  What use do the earliest transactions still serve?
I would have thought you'd only need the latest ones.

i. If you want to solo-mine - you need[1] to be a node in order to be able to verify the transactions you include in the block you want to solve. When in a pool it does that for you.

ii. I will skip block 0, as it is special, but the reward for block 1 is also still 'unspent', so:

It is very useful to know where everything has come from and went to.. It is needed to ensure the blockchain is correct.  If I sent you 1 btc 3 years ago, you never sent it anywhere and it wiped out the blockchain after a year how could anyone prove you have any BTC?  It would be gone.

To be able to spend (or to confirm it wasn't spent yet) the reward from block 1 - you need to have the entire history back to that block[2]

-----------------------------------------------------
[1] it might be possible to solo-mine by using a network of 'full nodes' as a backend, but that's more of exception from the rule.
[2] at some point in time it might be necessary to 'shrink' the database and a list of 'unspent outputs only' may be used as a seed for the future transactions, but this is not yet the case.

Mega Crypto Polis - www.MegaCryptoPolis.com
BTC tips: 1KNK1akhpethhtcyhKTF2d3PWTQDUWUzHE
Pages: « 1 ... 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 [860] 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 ... 1142 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!